The jobs drought: Vacancies are at 12-year low as firms stop hiring amid fears over Labour’s ‘attacks on business’

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The jobs drought: Vacancies are at 12-year low as firms stop hiring amid fears over Labour’s ‘attacks on business’

Daily Mail · 4 hours ago

Job vacancies across the UK have fallen to their lowest level in 12 years, according to new figures, as employers pull back on hiring amid growing unease about the government's economic policies. Business groups and commentators cited in the report point to what they describe as Labour's "attacks on business" — including rising employment costs and tax changes — as key factors discouraging firms from recruiting, raising concerns about the health of the broader economy.

The slowdown reflects a broader pattern of employers freezing recruitment plans rather than expanding, with firms citing higher costs and reduced confidence in the business environment as reasons for caution. The trend adds to wider pressure on the government over its handling of the economy, with critics arguing that recent policy decisions are weighing on job creation and business sentiment at a time when growth remains fragile.

  • UK job vacancies hit a 12-year low as hiring slows sharply.
  • Firms blame Labour's business policies for reduced recruitment.
  • Adds to pressure on the government over economic management.

Business Economy UK World

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